Crypto Contest July 4: Maverick Protocol

Maverick Protocol (Uniswap: MAVUSD) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, MAV began a red wave one advance on June 28. The red wave one peaked on June 28 and the red wave two (blue sub-waves a-b-c) correction ended on June 30. If this wave count is correct, MAV should be heading next towards the June 28 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. DeFi Dad interviewed Bob Baxley, a Core Contributor at Maverick Protocol, two weeks ago.

(Sources: https://www.mav.xyz/)

How Will Maverick Protocol Trade?

Maverick Protocol (Uniswap: MAVUSD) four-hour chart by Tradingview.

(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below

MAV will takeout the June 28 peak

MAV will drop below the June 28 low

MAV will stay in a trading range between the June 28 low and the June 28 peak until August 9